NOT LISTED FOR SALE

1585 Shankin Dr Wolverine Lake, MI 48390

Estimated Value: $647,000 - $862,000

3 Beds
2 Baths
1,263 Sq Ft
$569/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $475,000 $376 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,771/month

8 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • Deck
  • James R Geisler Middle School Rated A-
  • 0.6 Acre Lot
  • Ranch Style House

About This Home

As of September 2016

160 ft of lake frontage with steel seawall and sand awaits you at this lovely all brick ranch wolverine lake home. Live your dreams out in this home or bring your designs as this lot is truly one of a kind. The generous sized lot boasts mature trees and a walkout site to a large, flat lake side yard with oversized side yards and best of all...your western sunset views await! Recent updates include roof, Anderson Windows, kitchen and bath. There is a second kitchen in walk out/daylight basement. A fireplace in the living room overlooks the lake. Master bedrooms is also lakeside. The huge deck off kitchen has a covered canopy and will offer you spectacular views all year long. The brick paver patio off walk out adds to the outdoor entertainment of this home. Home is wired for whole house generator. Sprinklers, 2 car garage, plenty of storage. It does not get much better than this.

Last Agent to Sell the Property

Jeff Glover

KW Professionals License #6501317808 Listed on: 06/30/2016

KW Professionals

Co-Listed By

Jay Harrison

KW Professionals License #6502361033

Last Buyer's Agent

Michelle McNutt

RE/MAX Classic License #RCO-6501264266

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 160 x 80 x 111 x 166.5
  • Lake Front

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,263 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Natural lighting in basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1727427001

Community Details

Overview

  • No Home Owners Association
  • Penny Lake Estates Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,303

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1975
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2263
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1263
  • Sq Ft Total Bsmt: 1263

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Wolverine Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 160
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Baseboard, Radiant
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 831666.6667
  • Lot Features: Water View
  • Lot Size Area: 0.60
  • Lot Dimensions: 160 X 80 X 111 X 166.5
  • Parcel Number: 1727427001

Tax Info

  • Tax Amount Summer: 5413.0000
  • Tax Amount Winter: 889.9200
  • Total Tax: 6302.9200

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities, Sea Wall

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2017
Sold by
Martin Timothy S and Martin Michelle M
Bought by
Martin Timothy S and Timothy S Martin And Michelle M Martin T
Current Estimated Value
$718,907

Purchase Details

Listed on
Jun 30, 2016
Closed on
Sep 16, 2016
Sold by
Adkins William J and Perchie R Adkins Living Trust
Bought by
Martin Timothy S and Martin Michelle M
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Michelle McNutt
RE/MAX Classic
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$248,000
Outstanding Balance
$123,295
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$583,739

Purchase Details

Closed on
Jan 24, 2014
Sold by
Adkins Perchie R and Adkins Dottie K
Bought by
Adkins Perchie R and Perchie R Adkins Living Trust Agreement

Purchase Details

Closed on
Oct 4, 1995
Sold by
Coleman Myra E
Bought by
Adkins Perhie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500
Interest Rate
7.65%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martin Timothy S -- None Available
Martin Timothy S $475,000 None Available
Adkins Perchie R -- None Available
Adkins Perhie R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Timothy S $248,000
Previous Owner Adkins Perchio Ray $195,000
Previous Owner Adkins Perhie R $3,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $475,000 -4.8% $376 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $499,000 -- $395 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,024 $309,870 $0 $0
2023 $9,666 $289,820 $0 $0
2022 $11,250 $264,960 $0 $0
2021 $11,130 $255,010 $0 $0
2020 $9,570 $249,560 $0 $0
2019 $6,217 $231,510 $0 $0
2018 $10,436 $227,910 $0 $0
2017 $8,663 $227,910 $0 $0
2016 $6,260 $201,220 $0 $0
2015 -- $188,680 $0 $0
2014 -- $169,000 $0 $0
2011 -- $149,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216064536

Realcomp

APN: 17-27-427-001